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2018 | OriginalPaper | Buchkapitel

5. Are There Differences in Boards of Directors Between Banks and Non-financial Firms? Some Evidence from EU Listed Companies

verfasst von : Vittorio Boscia, Valeria Stefanelli, Andrea Ventura

Erschienen in: Corporate Governance in Banking and Investor Protection

Verlag: Springer International Publishing

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Abstract

This study compares the board features of major listed bank and non-financial firms in Europe. We find that at the industry-specific level the structure of bank board’s is similar to that of non-financial firms, although banks tend to have more meetings and committees. Second, when we consider country-specific board diversity, bank boards are similar across countries apart from in Spain where the bank boards have a higher presence of older directors, a lower number of independents and foreigners, and more meetings. Finally, when we look at domestic-specific board diversity differences we find no statistically significant differences. All in all there is not much difference between bank and non-financial boards.

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Titel: Are There Differences in Boards of Directors Between Banks and Non-financial Firms? Some Evidence from EU Listed Companies
verfasst von: Vittorio Boscia
Valeria Stefanelli
Andrea Ventura
Verlag: Springer International Publishing
Buch: Corporate Governance in Banking and Investor Protection
Print ISBN: 978-3-319-70006-9

Electronic ISBN: 978-3-319-70007-6

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-3-319-70007-6_5

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